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Qatar’s UDC sells Abraj tower for QAR1.25bn

Qatar’s UDC sells Abraj tower for QAR1.25bn

The commercial tower is located at the entrance of The Pearl

Qatar’s United Development Company has sold Abraj Quartier Tower 2 for QAR1.25bn ($343.28m), the property developer said in a bourse statement on Thursday.

The commercial tower, located at the entrance of The Pearl in Doha’s Abraj Quartier precinct, was sold to a strategic property investor, the statement said.

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